Eligibility for grant aid is based on financial need as determined through information provided on the FAFSA. Grant awards are given to qualifying students and, except under extremely limited conditions, do not need to be repaid. See each program's website for application instructions.
The two largest grant programs are:
- Federal Pell Grant — Available almost exclusively to undergraduates and all eligible students will receive the Federal Pell Grant amount they qualify based on financial need. Estimated annual awards range from $626 to $5,775 (2015-16) and these grants are prorated based on the number of enrolled credit hours.
- Ohio College Opportunity Grant — Offered to students who are Ohio residents. The grants are also prorated based on full or part-time enrollment status.
Other federal grant programs include:
- The Federal Supplemental Educational Opportunity Grant (FSEOG) — These grants are only awarded to students who meet the strict need guidelines established by the U.S. Department of Education, and submit the FAFSA by March 1. You must be Pell eligible to receive this grant.
- The TEACH Grant — A new federal grant program for students planning to be teachers in a high need field within a low-income school. The University of Akron has set additional specifications for its TEACH Grant recipients. Learn more.